L1 Renewables Funding Limited
Registered name: L1 RENEWABLES FUNDING LIMITED
Part of Universities Superannuation Scheme Limited groupL1 Renewables Funding Limited made £6.5m revenue and £63k profit in the year to 31 Mar 2025.
L1 Renewables Funding Limited’s revenue fell 10% to £6.5m in the year to 31 Mar 2025, with £63k profit. The company is classified under “other activities auxiliary to insurance and pension funding” and is based in Liverpool; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Liverpool
- Age
- 9 yrs · since 2016
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Profit & loss | Profit & loss | Profit & loss |
| Profit & loss | |||
| Revenue (turnover) | £5.7m | £7.2m | £6.5m |
| Cost of sales | — | — | −£6.4m |
| Operating profit | £142k | £126k | £84k |
| Profit before tax | £142k | £126k | £84k |
| Profit after tax | £115k | £95k | £63k |
| Profit (best available) | £115k | £95k | £63k |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 2% | 1.3% | 1% |
| Growth (year on year) | |||
| Revenue growth | — | ▲26.2% | ▼9.5% |
| Profit growth | — | ▼17.4% | ▼33.7% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jan 2025 | Accounts · bulk data Jan 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Universities Superannuation Scheme Limitedultimate parent75–100%
- L1 Limited Partnership75–100%
- L1 Renewables Funding Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- L1 Renewables Financing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2025 (profit £63k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026